Villa Léopold: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Villa Léopold
Largest movements
- Tangible fixed assets +€47,216
up €47,216 (+10.5%), from €450,311 to €497,527
of which Land and buildings: +€53,362
- Receivables within one year -€36,031
down €36,031 (-73.4%), from €49,086 to €13,056
of which Trade receivables: -€41,722
- Stocks and contracts +€19,485
up €19,485 (+97.4%), from €20,000 to €39,485
- Deferred charges and accrued income +€16,276
new in 2025: €16,276
- Profit (loss) carried forward -€80,971
down €80,971, from €67,164 to -€13,807
- Other debts +€54,138
up €54,138 (+923%), from €5,866 to €60,004
- Debts after one year +€41,862
up €41,862 (+10.3%), from €408,182 to €450,044
- Trade debts +€33,016
up €33,016 (+435%), from €7,595 to €40,611
- Tax, wage and social debts -€5,881
down €5,881 (-59.3%), from €9,918 to €4,037
- Staff costs -€98,681
down €98,681, from €78,683 to -€19,998
- Gross operating margin -€82,810
down €82,810 (-67.9%), from €121,897 to €39,087
- Depreciation -€28,514
down €28,514 (-43.2%), from €66,017 to €37,503
- Taxes -€13,193
down €13,193, from €10,520 to -€2,673
- Financial charges -€4,275
down €4,275 (-23.6%), from €18,110 to €13,835
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €535,585 | €585,033 | +€49,448 | +9.2% |
| Fixed assets | 21/28 | €457,159 | €504,375 | +€47,216 | +10.3% |
| Tangible fixed assets | 22/27 | €450,311 | €497,527 | +€47,216 | +10.5% |
| Land and buildings | 22 | €414,233 | €467,595 | +€53,362 | +12.9% |
| Furniture and vehicles | 24 | €21,974 | €17,448 | -€4,526 | -20.6% |
| Other tangible fixed assets | 26 | €14,104 | €12,484 | -€1,620 | -11.5% |
| Financial fixed assets | 28 | €6,848 | €6,848 | = | 0.0% |
| Current assets | 29/58 | €78,426 | €80,658 | +€2,232 | +2.8% |
| Stocks and contracts in progress | 3 | €20,000 | €39,485 | +€19,485 | +97.4% |
| Stocks | 30/36 | €20,000 | €39,485 | +€19,485 | +97.4% |
| Amounts receivable within one year | 40/41 | €49,086 | €13,056 | -€36,031 | -73.4% |
| Trade receivables | 40 | €43,513 | €1,791 | -€41,722 | -95.9% |
| Other amounts receivable | 41 | €5,573 | €11,264 | +€5,691 | +102% |
| Cash at bank and in hand | 54/58 | €9,339 | €11,842 | +€2,503 | +26.8% |
| Deferred charges and accrued income | 490/1 | - | €16,276 | +€16,276 | |
| Total equity and liabilities | 10/49 | €535,585 | €585,033 | +€49,448 | +9.2% |
| Equity | 10/15 | €81,424 | €453 | -€80,971 | -99.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Contributions outside capital | 11 | €14,260 | €14,260 | = | 0.0% |
| Share premium | 1100/10 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,164 | -€13,807 | -€80,971 | |
| Amounts payable | 17/49 | €454,160 | €584,580 | +€130,419 | +28.7% |
| Amounts payable after more than one year | 17 | €408,182 | €450,044 | +€41,862 | +10.3% |
| Financial debts | 170/4 | €408,182 | €450,044 | +€41,862 | +10.3% |
| Amounts payable within one year | 42/48 | €45,978 | €131,233 | +€85,255 | +185% |
| Current portion of amounts payable after more than one year | 42 | €22,599 | €26,581 | +€3,982 | +17.6% |
| Trade debts | 44 | €7,595 | €40,611 | +€33,016 | +435% |
| Suppliers | 440/4 | €7,595 | €40,611 | +€33,016 | +435% |
| Taxes, remuneration and social security | 45 | €9,918 | €4,037 | -€5,881 | -59.3% |
| Taxes | 450/3 | €9,918 | €4,037 | -€5,881 | -59.3% |
| Other amounts payable | 47/48 | €5,866 | €60,004 | +€54,138 | +923% |
| Accrued charges and deferred income | 492/3 | - | €3,302 | +€3,302 | |
| Remuneration, social security and pensions | 62 | €78,683 | -€19,998 | -€98,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,017 | €37,503 | -€28,514 | -43.2% |
| Other operating charges | 640/8 | €3,723 | €875 | -€2,848 | -76.5% |
| Gross operating margin | 9900 | €121,897 | €39,087 | -€82,810 | -67.9% |
| Operating profit (loss) | 9901 | -€26,526 | €20,707 | +€47,233 | |
| Financial charges | 65/66B | €18,110 | €13,835 | -€4,275 | -23.6% |
| Recurring financial charges | 65 | €18,110 | €13,835 | -€4,275 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€44,636 | €6,872 | +€51,508 | |
| Income taxes | 67/77 | €10,520 | -€2,673 | -€13,193 | |
| Profit (loss) for the period | 9904 | -€55,156 | €9,546 | +€64,701 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,156 | €9,546 | +€64,701 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.